I’M STILL HOLDING MY $ZEC SHORT POSITION — CURRENTLY UP $1,150 📉💰
Yesterday, I said I was waiting for the right entry on #ZCash before opening a short. Last night, I got the confirmation I was looking for and entered the trade.
Right now, I’m sitting on around $1,150 in unrealized profit.
I’ll continue holding the position as long as the bearish momentum remains intact. If momentum shifts back into an upward trend, I’ll reassess the trade.
ZEC has made a significant move over the past few days, so a deeper pullback would not be surprising. That said, crypto can move violently in either direction, so risk management is key.
🎯 TP: $1,160 could be a potential take-profit level.
DYOR. Manage your risk. NFA.
Yesterday, I said I was waiting for the right entry on #ZCash before opening a short. Last night, I got the confirmation I was looking for and entered the trade.
Right now, I’m sitting on around $1,150 in unrealized profit.
I’ll continue holding the position as long as the bearish momentum remains intact. If momentum shifts back into an upward trend, I’ll reassess the trade.
ZEC has made a significant move over the past few days, so a deeper pullback would not be surprising. That said, crypto can move violently in either direction, so risk management is key.
🎯 TP: $1,160 could be a potential take-profit level.
DYOR. Manage your risk. NFA.
